Nihon Dempa Kogyo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 07, 2023 at 02:00 am EDT
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Nihon Dempa Kogyo Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales to be JPY 25,000 million. Operating income to be JPY 2,100 million. Net income to be JPY 1,300 million. Net income attributable to owners of parent to be JPY 1,300 million. Basic earnings per share to be JPY 56.21.
For the full year, the company expects net sales to be JPY 53,300 million. Operating income to be JPY 5,600 million. Net income to be JPY 3,900 million. Net income attributable to owners of parent to be JPY 3,900 million. Basic earnings per share to be JPY 168.63.
NIHON DEMPA KOGYO CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of crystal devices, such as crystal oscillators (XOs) and crystal equipment, as well as crystal-related products, such as application equipment, artificial crystals and crystal blanks. The Company offers crystal oscillators and crystal equipment in North America, Southeast Asia, Europe, China and other markets. The Company is also enagegd in the manufacture and sale of other application equipment, crystals and crystal blanks in domestic and overseas markets.